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Masdar City unveils The Link

Masdar City breaks ground on net-zero energy co-working and living space

The Link will feature a gross floor area of 30,000 square metres comprising sustainable offices, residences, visitor centre, multi-use hall and leisure amenities

Aldar-announces-JV with Dubai Holding

Aldar signs strategic JV with Dubai Holding, enters Dubai real estate market

The communities will feature over 9,000 residential units, with launches planned for this year

Aldar subsidiary ETHER to open soon

Aldar subsidiary Cloud Spaces to launch ETHER, a new co-retail space, at Yas Mall

This co-retail space provides an accessible, tech-powered retail platform, where shoppers can explore multiple product lines under one roof

UAE real estate will continue to be resilient in 2023

UAE’s real estate sector to remain resilient in 2023: JLL MENA

Delivery of around 200,000 square metres of retail floorspace last year raised Dubai’s total stock to 4.63 million square metres, with about 355,000 square metres of space scheduled to be delivered in 2023 across the city

Global Partners Property Fund I (CEIC),  a qualified investor fund based in the DIFC, raises $212m

DIFC-based build-to-rent property fund raises $212m from US, European and Dubai investors

Global Partners Property Fund I focuses on the Dubai build-to-rent housing market with two projects on the Dubai Water Canal

Dubai land department offers special report

Dubai Land Department issues 9,047 permits, 6,479 licences in 2022

Dubai’s real estate sector witnessed transactions worth a record Dhs528bn in the past year, a 76.5 per cent increase from 2021

Business Bay 620x3101-1

Dubai’s Business Bay sees highest number of real estate transactions in 2022

The top 10 list of locations that registered the highest number of transactions included Dubai Marina, Al Barsha South 4, Burj Khalifa, Al Merkadh, Al Hebiah 5, and Jebel Ali 1

Teh sustainable City - Yas Island first phase sold out

The Sustainable City – Yas Island’s first phase sold out, sales value crosses Dhs1bn

A total of 512 homes were available during the first phase of the project, with 76 per cent of the units purchased by expatriates, of which 24 per cent were overseas investors

Sharjah’s real estate transactions topped $6.5bn in 2022

Sharjah’s real estate transactions top $6.5bn in 2022

The total number of real estate transactions in 2022 reached 91,507, compared to 84,238 recorded during the previous year

Dubai records completion of 55 real estate projects worth $3.24bn in 2022

Dubai records completion of 55 real estate projects worth $3.24bn in 2022

A total of 350 real estate projects are currently being developed in the emirate

DMCC and Ellington Properties launch 'Upper House' in JLT

Dubai’s DMCC, Ellington Properties launch Dhs1.2bn residential development at JLT

The project is due for completion by the beginning of 2026

Dubai real estate transactions cross Dhs500bn photo courtesy Dubai Media Office

Dubai’s real estate sector marks major milestone, value of transactions crosses Dhs500bn in 2022

A total of 122,658 real estate transactions were registered in Dubai in 2022, an increase of 44.7 per cent from 2021

Arada awards Dhs475m contract to build Vida Aljada hotel complex in Sharjah

Sharjah’s Arada awards Dhs475m contract to build Vida Aljada hotel complex

The contract to build the four-building complex was awarded to a Dubai-based company with civil and industrial construction experience

Dubai real estate prices update for week ending Jan13 courtesy Dubai Media Office/ twitter

Dubai records real estate transactions worth over Dhs8.1bn for the week

DLD data showed that 221 plots were sold for Dhs1.18bn, while 1,889 apartment and villa purchases worth Dhs4.93bn were made

Avalon Properties CEO Ahmad Ibrahim

Dubai’s real estate sector had a remarkable year in 2022, says Avalon Properties’ CEO

Avalon Properties also experienced robust growth during this period, growing its operations across the UAE, covering Abu Dhabi, Dubai, and Sharjah

Investcorp

Bahrain’s Investcorp set to invest $1bn in GCC real estate over five years

Investments worth $100m are under consideration in Saudi Arabia

Dubai real estate courtesy Dubai Media Office

Dubai records real estate transactions valued at Dhs10bn during the week

Al Hebiah Fifth recorded the most transactions for this week with 133 sales transactions worth Dhs386.38m

Aldar, Diamond Developers launch sales for The Sustainable City – Yas Island project

Construction of the project will commence in Q2 2023, with first handovers expected in Q4 2025

ASAS Real estate project in Khorfakkan photo courtesy WAM

Sharjah’s ASAS Real Estate launches sales of Khorfakkan Resort project

Construction work on the project has commenced and is due for completion by the end of 2025

Ben Crompton is the managing partner of Crompton Partners

The outlook for Abu Dhabi’s real estate sector in 2023

Abu Dhabi can expect to see modest single-digit growth in property valuations and rents across most sectors

Al Habtoor Group unveils new mega residential projects valued at Dhs9.5bn

According to the company, the new projects include residential towers, and one of them will be the largest in the world in terms of size and number of apartments

driven properties

Dubai real estate: A positive outlook for 2023

We believe that the Dubai property market will continue to see exceptional demand in the new year, and that 2023 will be another record year for the market

omniyat launces Orla

OMNIYAT redefines luxury with ORLA, Dorchester Collection

Designed by Foster+Partners and managed by hospitality brand Dorchester Collection, Orla offers a bespoke lifestyle steeped in sumptuous style

Property finder report Dubai property market Getty Images-1417041621

Dubai’s real estate market surpasses Dhs240bn in 2022: Property Finder

This growth has been fuelled by the robust success of off-plan deals, which climbed by 86 per cent compared to 2021

Dubai Land Department courtesy Dubai Media Office

Dubai Land Department launches strategic plan for 2026

Tthe focus is on shifting to an employee-first culture, refreshing DLD’s identity and enhancing its position, and adopting a proactive and human-focused approach

Dubai Investments breaks ground on Danah bay

Dubai Investments breaks ground on Dhs1bn Danah Bay project on Al Marjan Island

Danah Bay will be a premium beach community with a resort-style retreat in Ras Al Khaimah

Modon Properties launches two waterfront destinations in Al Dhafra

Modon Properties unveils two integrated waterfront destinations in Al Dhafra

The two integrated waterfront destinations are adjacent to Modon’s eco-tourism campsite project, Bab Al Nojoum – Al Mugheirah Resort

Arada awards contracts worth $256m to build 986 homes at Sharjah’s Masaar

Arada awards contracts worth $256m to build 986 homes at Sharjah’s Masaar

A total of 1,416 homes are now under construction at Masaar

Explainer: Is proptech the future of real estate?

Jad Antoun, CEO and co-founder of Huspy tells Gulf Business about the key proptech trends and how his company plans to change home-buying experience for customers

Property Finder Awards 2022: Honouring excellence, rewarding quality

The awards recognised and celebrated top performers from UAE’s leading brokerage agencies and real estate developers